Cory Thompson

Mid America Mortgage, Inc.

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CORY THOMPSON
NMLS ID 225056 • Located in Texas
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Cory Thompson August 1, 2023

The Difference Between A Home Equity Loan Versus A HELOC

When homeowners need to tap into the equity they’ve built in their homes, two popular options are Home Equity Loans (HEL) and Home Equity Lines of Credit (HELOC). Both types of loans allow homeowners to access funds for various purposes, such as home improvements, debt consolidation, or unexpected expenses. However, it’s essential to understand the differences between these two mortgage products to make an informed decision that aligns with your specific needs and financial goals. Here are some important differences between the two.

Filed Under: Mortgage Tagged With: HELOC, Home Equity Loan, Mortgage

Cory Thompson July 31, 2023

What’s Ahead For Mortgage Rates This Week – July 31, 2023

The Federal Reserve raised its target interest rate range to 5.25 to 5.50 percent; this announcement signaled that rates for home loans and unsecured credit would also rise.

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

Cory Thompson July 26, 2023

Selling a House “As-Is”: Pros, Cons, and Considerations

Selling a house as-is can be a viable option for homeowners looking for convenience and cost savings. However, it’s crucial to carefully consider the potential drawbacks, such as a lower sale price and limited buyer pool. Assessing the property’s condition, seeking professional advice, and evaluating the financial implications are essential steps in deciding whether selling a house as-is is the right choice for you.

Filed Under: Selling Your Home Tagged With: As-Is, Mortgage Tips, Selling Home

Cory Thompson July 25, 2023

Financial Considerations When Buying a Home

Purchasing a home is one of the most significant financial decisions many individuals make in their lifetime. It involves a substantial investment of money and requires careful consideration to ensure long-term financial stability.

Filed Under: Mortgage Tagged With: Buying A Home, Down Payment, Mortgage

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Cory Thompson

Cory Thompson


Mortgage Loan Originator
Mobile 832.347.1855
Office 281.218.0505

NMLS ID 225056

Legend Lending

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Recent Posts

  • What’s Ahead For Mortgage Rates This Week – June 30th, 2025
  • From Pre-Approval to Closing What to Expect in the Mortgage Journey
  • How HomeReady and Home Possible Mortgages Open Doors During National Homeownership Month
  • How Homeownership Builds Generational Wealth – A Message for National Homeownership Month

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